Press Relations

Press Releases


CREATIVE TECHNOLOGY LTD.
CONSOLIDATED BALANCE SHEETS ( In US$' 000)


(Unaudited)
March 31,
2006		 June 30,
2005
ASSETS
Current Assets:
Cash and cash equivalents $ 224,373 $ 187,246
Accounts receivable, net 132,486 163,184
Inventory 276,010 395,886
Other assets and prepaids 38,778 43,144
Total current assets 671,647 789,460
Property and equipment, net 111,509 117,187
Investments 89,849 125,914
Other non-current assets 13,428 44,913
Total Assets $ 886,433 $ 1,077,474
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
Accounts payable $ 115,668 $ 151,070
Accrued liabilities 119,986 103,768
Income taxes payable 17,256 20,712
Current portion of long term obligations and others 5,458 7,383
Total current liabilities 258,368 282,933
Long term obligations 206,605 209,455
Minority interest in subsidiaries 1,816 3,954
Shareholders' equity 419,644 581,132
Total Liabilities and Shareholders' Equity $ 886,433 $ 1,077,474


CREATIVE TECHNOLOGY LTD.
CONSOLIDATED STATEMENTS OF OPERATIONS
( In US$' 000, except per share data)
(Unaudited)


Three months ended
March 31,		 Nine months ended
March 31,
2006 2005 2006 2005
Sales, net $ 225,657 $ 333,840 $ 896,656 $ 919,002
Cost of goods sold 235,799 256,519 764,846 674,734
Gross (loss) profit (10,142) 77,321 131,810 244,268
Operating expenses:
Selling, general and administrative
 51,959 51,208 152,444 148,207
Research and development
 18,843 19,687 61,504 62,025
Other charges
 37,351 -- 37,351 65,225
Total operating expenses 108,153 70,895 251,299 275,457
Operating (loss) income (118,295) 6,426 (119,489) (31,189)
Gain from investments, net 2,030 14,766 18,938 65,101
Interest income 1,847 1,243 4,241 2,604
Interest expense (2,449) (1,275) (6,710) (1,882)
Others 2,488 (5,728) (2,500) 536
(Loss) income before income taxes and minority interest (114,379) 15,432 (105,520) 35,170
Provision for income taxes (229) (53) (482) (2,824)
Minority interest in loss 279 534 575 186
Net (loss) income $ (114,329) $ 15,913 $ (105,427) $ 32,532
Basic (loss) earnings per share: $ (1.38) $ 0.19 $ (1.27) $ 0.40
Weighted average ordinary shares outstanding ('000) 82,895 83,307 83,064 82,357
Diluted (loss) earnings per share: $ (1.38) $ 0.18 $ (1.27) $ 0.38
Weighted average ordinary shares
and equivalents outstanding ('000) 		82,895 86,274 83,064 85,480


CREATIVE TECHNOLOGY LTD.
SUPPLEMENTAL FINANCIAL INFORMATION

Three months ended
Mar 31,
2006		 Dec 31,
2005 		Mar 31,
2005
Revenue by geographical region :
Americas 41% 37% 42%
Europe 38% 48% 40%

Asia and rest of the world

 21% 15% 18%
Revenue by product category :
Personal Digital Entertainment 60% 67% 68%
Audio 13% 13% 13%
Speakers 17% 13% 12%
Others 10% 7% 7%